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Lancashire Holdings Limited - Treasury Shares Transfer
Hamilton, Bermuda: 12 November 2013 - In accordance with Listing Rule 12.6.4 Lancashire Holdings Limited (the “Company”) announces that on 8 November 2013 it received confirmation that the transfer of 153,679 common shares from Treasury took place to satisfy exercises of warrants at an exercise price of U.S. $5.00.
The transfer of up to 10,948,445 common shares from Treasury was authorised at a meeting of the Company’s Board of Directors on 3 November 2011.
Following this transfer, the Company has a total of 3,513,325 common shares held in Treasury and a total of 181,932,484 common shares in issue, excluding common shares held in Treasury.
For further information, please contact:
Lancashire Holdings Limited
Christopher Head
+44 20 7264 4145
chris.head@lancashiregroup.com
Jonny Creagh-Coen
+44 20 7264 4066
jcc@lancashiregroup.com
Haggie Partners
+44 20 7562 4444
Peter Rigby
(Peter Rigby mobile +44 7803851426)
About Lancashire
Lancashire, through its UK and Bermuda-based operating subsidiaries, is a global provider of specialty insurance and reinsurance products. The Group companies carry the following ratings:
Financial Strength
Rating (1)
Financial Strength
Outlook(1)
Long Term Issuer
Rating (2)
A.M. Best
A (Excellent)
Stable
bbb
Standard & Poor’s
A-
Stable
BBB
Moody’s
A3
Stable
Baa2
(1)Financial Strength Rating and Financial Strength Outlook apply to Lancashire Insurance Company Limited and Lancashire Insurance